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WIKI ANALYSIS
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Nouriel Roubini is a professor of economics and international business at the Stern School of Business of New York University. He is also a research associate at National Bureau of Economic Research (NBER), a fellow at Centre for Economic Policy Research (CEPR), and chairman of RGE Monitor, an economic analysis firm. Additionally, he served as Senior Economist for International Affairs on the Staff of the President's Council of Economic Advisors from July 1998 to July 1999. He has a Ph.D in Economics from Harvard University and a B.A. in Political Economy from Universita' L. Bocconi in Italy.
Professor Roubini became famous for predicting the 2008 Financial Crisis. His predictions were based on his research on emerging economics. During the 1990s he found that the a common link among failed economies was a large current account deficit financed by foreign debt. Based on this observation, he concluded that the United States might be the next victim, and in 2006 gave a speech at the IMF conference about the impending crisis.
Though his warnings were received skeptically initially, he came into prominence after the collapse of the subprime market in 2007. Since then, he has been invited to speak to various government bodies and influential organizations such as the United States Congress.
He has been dubbed Dr. Doom for his bearish views.
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